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Secured Mastercard® from Capital One® review

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Advertiser Disclosure

Annual Fee
$0.00
Minimum Deposit
$49.00
Interest Rate: Purchases
27.24% (Variable)
Balance Transfer
27.24% (Variable)


8/10
Informr score
The Secured Mastercard® from Capital One® currently has an Informr score of 8 out of 10. This score is based on our evaluation of 25 sources including reviews from users and the web's most trusted critics.

Am I eligible?


Secured Mastercard® from Capital One® is typically available to those with poor credit scores (650 or greater).
To get this card, you must also:
Yes Be a permanent or temporary resident of USA
Yes Provide a minimum security deposit of $49.

Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.

What the Critics Are Saying...


SimpleMoneyLyfe
SimpleMoneyLyfe

If you have been turned down due to your credit score when applying for credit cards, you may want to give Secured Mastercard® from Capital One® card a try. Since it is a secured credit card, you will need to put a deposit down. There are no annual fees, and they provide multiple ways to monitor and...

- Brian Latchford, SimpleMoneyLyfe
FinanceBuzz
FinanceBuzz

If you need to rebuild your credit after some missteps, the Secured MasterCard from Capital One is a great card to start with. A secured credit card is a credit card that’s “secured” through an upfront deposit by the credit card holder. This means the bank feels safe in allowing you to make purchase...

- Brett HOlzhauer, FinanceBuzz
SmartAsset
SmartAsset

The Capital One® Secured Mastercard® is worth serious consideration for those looking to repair their credit score or those with a nonexistent credit file who are looking to open their first credit card. It focuses on responsible spending and accountability more than rewards for dollars spent, which...

- SmartAsset
Credit Card Insider
Credit Card Insider

Created to help you repair or build credit, the Capital One Secured Mastercard has few bells and whistles. There are no rewards and only basic benefits, but with responsible use, it can whip your credit scores into better shape, paving the way towards better cards.

- Brendan Harkness, Credit Card Insider
WalletHub
WalletHub

Capital One® Secured Mastercard® is among the very best credit cards for bouncing back from bad credit. For one thing, it doesn’t charge annual or monthly fees, which is relatively rare for a “bad credit” credit card. Its initial security deposit also figures to be less taxing on your cash flow than...

- John S Kiernan, WalletHub

Details


Interest Rates
Regular APR Interest Rate 27.24% (Variable)

This APR will vary with the market based on the Prime Rate.

Balance Transfer Interest Rate 27.24% (Variable)

This APR will vary with the market based on the Prime Rate.

Cash Advance Interest Rate 27.24% (Variable)

This APR will vary with the market based on the Prime Rate.

Rates & Fees
Annual Fee $0.00
Balance Transfer Fee $0.00
Cash Advance Fee 3%

Minimum of $10

Foreign Transaction Fee $0.00
Over Limit Fee $0.00
Late Payment Fee $40.00

Maximum

Promotions
Sign up bonus No
Rewards
All Purchases No
Restaurants No
Gas No
Groceries No
Hotels No
Travel No
Pharmacy No
Bills No
Features & Benefits
Additional Card Holders Yes
Travel Accident Insurance Yes
Car Rental Insurance Yes
Car Rental Discount No
Extended Warranty Yes
Purchase Protection No
Zero Liability Yes
No Foreign Transaction Fees Yes
Emergency Assistance Yes
Concierge Service No
Price Protection Yes
Fraud Protection Yes
Free Credit Scores Yes
Wireless Payments Apple Pay
Virtual Cards Yes
Additional Benefits

Roadside Assistance

Eligibility
Minimum Security Deposit $49
Minimum Age 18
Minimum Personal Income
Temporary Residents No
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Additional comments -
Terms & Conditions Official Terms & Conditions
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Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.

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